Sr. Vice President – Human Resources
Location Kolkata Grade/ Level 2A Job Objective A two-to-three-line statement outlining the objective or the reason for which the job exists.
To design, implement, and manage the organization’s compensation and benefits framework, ensuring internal equity, external competitiveness, statutory compliance, and alignment with business strategy. The role focuses on driving data-driven compensation practices, optimizing cost structures, and enhancing employee value proposition.
Key Responsibilities These responsibilities are representative, and the role holder is also responsible for any other job assigned by the superior authorities from time to time. This section in not intended to be an exhaustive listing of all activities done by the role holder. It should capture only the key responsibilities of the role. Responsibilities KPIs 1. Strategic & Analytical Responsibilities - Design and implement compensation structures, salary bands, and grading frameworks.
- Lead annual compensation benchmarking using market data.
- Drive salary revision cycles, budgeting, and increment planning.
- Develop and manage incentive plans (STI/LTI, sales incentives, retention bonuses).
- Conduct compensation analytics including pay equity and attrition trends.
- Align compensation strategy with business goals.
- Market competitiveness ratio
- % adherence to compensation budget
- Pay parity index
- Incentive effectiveness
- Attrition of critical talent
- Manpower cost as % of revenue
- Budget variance
- Cost optimization achieved
- Cost per employee
- Payroll accuracy
- Compliance adherence
- TAT for revisions
- Process automation improvements
- Analyze manpower cost and recommend optimization.
- Forecast compensation cost impact. 3. Process & Operational Responsibilities -Manage payroll inputs and validations.
- Ensure statutory compliance (PF, ESIC, Bonus, Gratuity).
- Drive automation in compensation processes.
- Manage job evaluation and grading systems. 4. People & Cross-Functional Responsibilities - Collaborate with HRBPs and business leaders.
- Support hiring through compensation structuring.
- Drive employee communication.
- Manage vendors and benefits partners. SECTION VI: ROLE PROFILE REQUIREMENTS Minimum qualification which are essential to execute the role. Education
Essential: MBA / PGDM in HR, Finance, or equivalent
Preferred: Certification in Compensation & Benefits
ExperienceEssential: 8–12 years in Compensation & Benefits
Preferred: Experience in manufacturing / solar sector and large organizations
Competencies CORE COMPETENCIES LEADERSHIP/ BEHAVIORAL COMPETENCIES - Compensation Strategy- Data Analytics
- Financial Acumen
- Attention to Detail
- Problem Solving
- Stakeholder Management
- Strategic Thinking
- Communication Skills
- Team Leadership
Top Skills
Vikram Solar Kolkata, West Bengal, IND Office
Kolkata, West Bengal, India
